Case study: Restructuring a medium-sized automotive supplier
Costumer
Medium-sized automotive supplier, owner-managed,
(mechatronic system solutions, assemblies)
Task
- Restructuring
- Support the sales process
- Representation of a shareholder group
Problem
- Strongly affected by the financial crisis -> sales drop
- Excess capacity, high fixed cost, negative result, liquidity crisis
- No debt supply possible
Order
- Critical scrutinizing and adjusting of the existing medium-term planning
- Fast, consistent implementation of the restructuring measures and ensuring liquidity
- Sales support
Duration
10 months
Result
- Closure of non-profitable areas, reconciliation of interests, social plan, transfer company for 30% of the employees
- Reduced Net Working Capital, Cost Cutting of material and overhead costs by implementing and controlling systems and processes
- Significant reduction of investment needs by introducing a permission-/approval-/controlling process
- All restructuring implemented without "fresh money"
- Company sold to the other 50% of the shareholders